Buy order dictated by EMA200
Candles are above EMA200
Healthy Trend since the chart is respecting EMA50
Buy Order on a resistance Level
Broke out of the resistance level and currently retesing
Still an uptrend validated by the last higher highs and higher lows
Enclosed in a channel trending up.
There was a Price rejection on 10.25 on the downside
Exit below the previous swing low.
Trend on Daily chart was mirrored in H4
1:1 Risk-Reward
Candles are above EMA200
Healthy Trend since the chart is respecting EMA50
Buy Order on a resistance Level
Broke out of the resistance level and currently retesing
Still an uptrend validated by the last higher highs and higher lows
Enclosed in a channel trending up.
There was a Price rejection on 10.25 on the downside
Exit below the previous swing low.
Trend on Daily chart was mirrored in H4
1:1 Risk-Reward
Trade closed manually
closed with 115 pips profit
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.